Starwood Property Trust Reports Results for the Quarter Ended September 30, 2019

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Starwood Property Trust (STWD) Reports In-Line Q3 EPS

November 8, 2019 7:06 AM EST

Starwood Property Trust (NYSE: STWD) reported Q3 EPS of $0.52, in-line with the analyst estimate of $0.52. Revenue for the quarter came in at $288.33 million versus the consensus estimate of $348.5 million.

"We had another strong quarter, with over $2.5 billion of capital deployed across all our segments, including $1.2 billion in Commercial Lending. Notably, our non-agency residential lending business continued to expand with purchases of over $600... More